Epstein Secrets

x 4.7% Industrials 0.2% Industrials 0.2% Materials -4.5% Energy Equipment & Services -11.6% Defensives 3.0% Information Technology 8.2% Utilities -6.116 013US8RTE (Reasonable PE Tech) • -10.1% Telecommunication Services 2.0% Consumer 8.6% Consumer Staples 3.7% Consumer Discretionary

Industrials 0.2% High foreign sales (139 Cos) -0.8% Secular Growth 6.8% No foreign sales (139 Cos) •• 0.2% Health Care 4.8% Small Cap vs. Large Cap Information Technology 8.2% Russell 2000 -2.0% S&P 500 ex. Secular Growth 1.0% S&P 500 3.0% Returns of stock baskets ore price returns * •

6.0% Industrials -4.9% Industrials -4.9% Materials -5.3% Energy Equipment & Services -3.5% Defensives -3.5% Information Technology -6.7% Utilities 7.3% DBUSBRTE (Reasonable PE Tech) • -17.4% Telecommunication Services 8.1% Consumer -4.8% Consumer Staples -1.5% Consumer Discretionary -

dustrials -4.9% High foreign sales (139 Cos) -8.1% Secular Growth -7.6% No foreign sales (139 Cos) •' -4.5% Health Care -8.8% Small Cap vs. Large Cap Information Technology -6.7% Russell 2000 -10.6% S&P 500 ex. Secular Growth -5.3% S&P 500 -6.1% " Returns of stock baskets are price returns

6.0% Industrials -4.9% Industrials -4.9% Materials -5.3% Energy Equipment & Services -3.5% Defensives -3.5% Information Technology -6.7% Utilities 7.3% DBUSBRTE (Reasonable PE Tech) • -17.4% Telecommunication Services 8.1% Consumer -4.8% Consumer Staples -1.5% Consumer Discretionary -

dustrials -4.9% High foreign sales (139 Cos) -8.1% Secular Growth -7.6% No foreign sales (139 Cos) •' -4.5% Health Care -8.8% Small Cap vs. Large Cap Information Technology -6.7% Russell 2000 -10.6% S&P 500 ex. Secular Growth -5.3% S&P 500 -6.1% " Returns of stock baskets are price returns

apes 3.9% Industrials 1.3% Industrials 1.3% Materials 5.3% Energy Equipment & Services 3.8% Defensives 5.6% Information Technology 5.4% Utilities -4.6% DBUSBRTE (Reasonable PE Tech) -6.0% Telecommunication Services 6.1% Consumer 4.8% Consumer Staples 2.3% Consumer Discretionary 6.8%

Industrials 1.3% High foreign sales (139 Cos) 2.6% Secular Growth 7.4% No foreign sales (139 Cos) •• 3.8% Health Care 10.1% Small Cap vs. Large Cap Information Technology 5.4% Russell 2000 4.9% S&P S00 ex. Secular Growth 2.4% S&P S00 4.1% • Returns of stock baskets are price returns • •

ng 20% Leading and gaining Energy Telecom Health Care Cons. Staples Lagging and slipping -15% -10% Source: Deutsche Bank, Thomson Reuters Utilities -5% 0% YTD Total Return 5% 10% Leading but slipping 15% Cons. Disc. Page 42 Deutsche Bank Securities Inc. MTD Total Return 3 Month Total

5 Information Technology Industrials Health Care Repatriation Holiday Beneficiaries Strong Dollar No foreign sales (139 Cos) ** Small Cap vs. Large Cap Russell 2000 S&P 500 DBUSHIFC (High Foreign Cash) * High foreign sales (139 Cos) ** 1.1% -13.1% 4.7% 0.2% -11.6% 8.2% -10.1% 8.6% 12.5%